Q4 2025 · 13F-HR
Dixon Mitchell Investment Counsel Inc.holdings as filed
Filed 2026-02-13 · accession 0001993485-26-000002
$3.03B
Reported value
145
Positions
2025-12-31
Period end
The Brief · Dixon Mitchell Investment Counsel Inc. · Q4 2025
AI · grounded in 13F
Dixon Mitchell Investment Counsel Inc. established a new position in Boyd Group Inc BGSI valued at $98.98M. The fund significantly increased its stake in Roper Technologies Inc ROP by 54.06% and accumulated more shares of Alphabet Inc GOOGL by 35.33%. Conversely, the fund reduced its holdings in Zoetis Inc ZTS by 99.43% and iShares 0-3 Month Treasury Bon SGOV by 98.97%.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 46432F842 | IEFA | iShares Core MSCI EAFE ETF | $248.3M | 8.19% | 2,775,067 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet Inc | $172.1M | 5.68% | 549,018 | Common | SOLE |
| 594918104 | MSFT | Microsoft Corp | $156.8M | 5.17% | 323,967 | Common | SOLE |
| 891160509 | TD | Toronto-Dominion Bank/The | $151.2M | 4.99% | 1,602,059 | Common | SOLE |
| 780087102 | RY | Royal Bank of Canada | $148.8M | 4.91% | 871,668 | Common | SOLE |
| 92826C839 | V | Visa Inc | $134.9M | 4.45% | 384,299 | Common | SOLE |
| 883556102 | TMO | Thermo Fisher Scientific Inc | $122.2M | 4.03% | 210,751 | Common | SOLE |
| 45866F104 | ICE | Intercontinental Exchange Inc | $114.3M | 3.77% | 705,283 | Common | SOLE |
| 084670702 | BRK/B | Berkshire Hathaway Inc | $110.7M | 3.65% | 219,977 | Common | SOLE |
| 962879102 | WPM | Wheaton Precious Metals Corp | $109.8M | 3.62% | 935,270 | Common | SOLE |
| 11271J107 | BN | Brookfield Corp | $108.7M | 3.58% | 2,363,922 | Common | SOLE |
| 103310108 | BGSI | BOYD GROUP INC | $99.0M | 3.26% | 620,108 | Common | SOLE |
| 87241L109 | TFII | TFI International Inc | $94.2M | 3.11% | 905,699 | Common | SOLE |
| G16252101 | BIP | Brookfield Infrastructure Part | $85.2M | 2.81% | 2,448,770 | Common | SOLE |
| 031100100 | AME | AMETEK Inc | $82.5M | 2.72% | 401,739 | Common | SOLE |
| 59151K108 | MEOH | Methanex Corp | $81.4M | 2.68% | 2,048,214 | Common | SOLE |
| 136385101 | CNQ | Canadian Natural Resources Ltd | $73.0M | 2.41% | 2,126,037 | Common | SOLE |
| 023135106 | AMZN | Amazon.com Inc | $68.7M | 2.27% | 297,440 | Common | SOLE |
| 422806109 | HEI | HEICO Corp | $66.0M | 2.18% | 203,825 | Common | SOLE |
| 776696106 | ROP | Roper Technologies Inc | $65.6M | 2.17% | 147,404 | Common | SOLE |
| 25754A201 | DPZ | Domino's Pizza Inc | $55.4M | 1.83% | 132,914 | Common | SOLE |
| 548661107 | LOW | Lowe's Cos Inc | $51.3M | 1.69% | 212,480 | Common | SOLE |
| 136375102 | CNI | Canadian National Railway Co | $49.8M | 1.64% | 502,525 | Common | SOLE |
| 882508104 | TXN | Texas Instruments Inc | $44.7M | 1.47% | 257,515 | Common | SOLE |
| 30303M102 | META | Meta Platforms Inc | $43.0M | 1.42% | 65,190 | Common | SOLE |
| 235851102 | DHR | Danaher Corp | $42.8M | 1.41% | 186,417 | Common | SOLE |
| 40412C101 | HCA | HCA Healthcare Inc | $35.4M | 1.17% | 75,803 | Common | SOLE |
| 037833100 | AAPL | Apple Inc | $34.0M | 1.12% | 124,938 | Common | SOLE |
| 46625H100 | JPM | JPMorgan Chase & Co | $29.2M | 0.96% | 90,589 | Common | SOLE |
| 249906108 | DSGX | Descartes Systems Group Inc/Th | $29.2M | 0.96% | 331,971 | Common | SOLE |
| 142339100 | CSL | Carlisle Cos Inc | $28.7M | 0.95% | 89,714 | Common | SOLE |
| 884903808 | TRI4EUR | Thomson Reuters Corp | $27.8M | 0.92% | 210,645 | Common | SOLE |
| 34959E109 | FTNT | Fortinet Inc | $27.1M | 0.89% | 340,939 | Common | SOLE |
| 596278101 | MIDD | Middleby Corp/The | $22.5M | 0.74% | 151,057 | Common | SOLE |
| 13646K108 | CP | Canadian Pacific Kansas City L | $21.9M | 0.72% | 296,953 | Common | SOLE |
| 94106B101 | WCN | Waste Connections Inc | $19.7M | 0.65% | 111,967 | Common | SOLE |
| 89679M104 | TFPM | Triple Flag Precious Metals Co | $18.8M | 0.62% | 563,989 | Common | SOLE |
| 64110L106 | NFLX | Netflix Inc | $17.6M | 0.58% | 187,184 | Common | SOLE |
| 90353T100 | UBER | Uber Technologies Inc | $17.3M | 0.57% | 212,170 | Common | SOLE |
| 464288240 | ACWX | iShares MSCI ACWI ex U.S. ETF | $17.1M | 0.56% | 254,500 | Common | SOLE |
| 89055F103 | BLD | TopBuild Corp | $14.7M | 0.48% | 35,028 | Common | SOLE |
| 57636Q104 | MA | Mastercard Inc | $13.9M | 0.46% | 24,259 | Common | SOLE |
| 15687V109 | CERT | Certara Inc | $13.6M | 0.45% | 1,546,299 | Common | SOLE |
| 82509L107 | SHOP | Shopify Inc | $13.3M | 0.44% | 82,336 | Common | SOLE |
| 194693107 | CIGI | Colliers International Group I | $10.9M | 0.36% | 74,011 | Common | SOLE |
| 58733R102 | MELI | MercadoLibre Inc | $8.6M | 0.28% | 4,250 | Common | SOLE |
| 81141R100 | SE | Sea Ltd | $6.0M | 0.20% | 47,000 | Common | SOLE |
| 00217Y104 | ATS | ATS Corp | $5.8M | 0.19% | 211,025 | Common | SOLE |
| 464287226 | AGG | iShares Core U.S. Aggregate Bo | $1.6M | 0.05% | 16,497 | Common | SOLE |
| 02079K107 | GOOG | Alphabet Inc | $1.3M | 0.04% | 3,996 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF Trust | $1.1M | 0.04% | 1,552 | Common | SOLE |
| 064149107 | BNS | Bank of Nova Scotia/The | $726,463 | 0.02% | 9,309 | Common | SOLE |
| 56501R106 | MFC | Manulife Financial Corp | $542,007 | 0.02% | 14,468 | Common | SOLE |
| 595112103 | MU | Micron Technology Inc | $525,937 | 0.02% | 1,842 | Common | SOLE |
| 11135F101 | AVGO | Broadcom Inc | $517,420 | 0.02% | 1,495 | Common | SOLE |
| 008474108 | AEM | Agnico Eagle Mines Ltd | $513,490 | 0.02% | 3,024 | Common | SOLE |
| 063671101 | BMO | Bank of Montreal | $476,200 | 0.02% | 3,662 | Common | SOLE |
| 532457108 | LLY | Eli Lilly & Co | $438,469 | 0.01% | 408 | Common | SOLE |
| 60937P106 | MDB | Mongodb Inc Class A | $429,343 | 0.01% | 1,023 | Common | SOLE |
| 67077M108 | NTR | Nutrien Ltd | $407,838 | 0.01% | 6,542 | Common | SOLE |
| 496902404 | KGC | Kinross Gold Corp | $390,816 | 0.01% | 13,857 | Common | SOLE |
| 29250N105 | ENB | Enbridge Inc | $383,036 | 0.01% | 7,821 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA Corp | $371,508 | 0.01% | 1,992 | Common | SOLE |
| 87807B107 | TRP | TC Energy Corp | $341,070 | 0.01% | 6,117 | Common | SOLE |
| 866796105 | SLF | Sun Life Financial Inc | $331,344 | 0.01% | 5,301 | Common | SOLE |
| 320517105 | FHN | First Horizon Corp | $322,511 | 0.01% | 13,410 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings Inc | $278,477 | 0.01% | 39 | Common | SOLE |
| 254687106 | DIS | Walt Disney Co/The | $272,100 | 0.01% | 2,376 | Common | SOLE |
| 127387108 | CDNS | Cadence Design SYS Inc | $254,128 | 0.01% | 813 | Common | SOLE |
| 867224107 | SU | Suncor Energy Inc | $230,392 | 0.01% | 5,184 | Common | SOLE |
| 165167735 | EXE | Expand Energy Corporation | $225,797 | 0.01% | 2,046 | Common | SOLE |
| 872540109 | TJX | TJX Cos Inc/The | $223,503 | 0.01% | 1,455 | Common | SOLE |
| 00766T100 | ACM | Aecom | $211,633 | 0.01% | 2,220 | Common | SOLE |
| 00790R104 | WMS | Advanced Drainage Systems Inc | $204,645 | 0.01% | 1,413 | Common | SOLE |
| 46436E718 | SGOV | iShares 0-3 Month Treasury Bon | $204,574 | 0.01% | 2,038 | Common | SOLE |
| 872590104 | TMUS | T-Mobile US Inc | $198,573 | 0.01% | 978 | Common | SOLE |
| 36828A101 | GEV | GE Vernova Inc | $196,071 | 0.01% | 300 | Common | SOLE |
| H01301128 | ALC | Alcon AG | $195,528 | 0.01% | 2,481 | Common | SOLE |
| 458140100 | INTC | Intel Corp | $185,423 | 0.01% | 5,025 | Common | SOLE |
| 874054109 | TTWO | Take Two Interactive SFTWR Inc | $180,501 | 0.01% | 705 | Common | SOLE |
| 91324P102 | UNH | UnitedHealth Group Inc | $176,279 | 0.01% | 534 | Common | SOLE |
| 571748102 | MRSH | Marsh & McLennan Cos Inc | $175,873 | 0.01% | 948 | Common | SOLE |
| 68389X105 | ORCL | Oracle Corp | $174,444 | 0.01% | 240 | Common | SOLE |
| 007903107 | AMD | Advanced Micro Devices Inc | $172,827 | 0.01% | 807 | Common | SOLE |
| 12532H104 | GIB | CGI Inc | $170,458 | 0.01% | 1,843 | Common | SOLE |
| 090572207 | BIO | Bio-Rad Laboratories Inc | $166,342 | 0.01% | 549 | Common | SOLE |
| 03769M106 | APO | Apollo Global Management Inc | $161,118 | 0.01% | 1,113 | Common | SOLE |
| 878742204 | TECK | Teck Resources Ltd | $151,497 | 0.00% | 3,156 | Common | SOLE |
| 13321L108 | CCJ | Cameco Corp | $151,009 | 0.00% | 1,647 | Common | SOLE |
| G3265R107 | APTV | Aptiv PLC | $147,691 | 0.00% | 1,941 | Common | SOLE |
| 052769106 | ADSK | Autodesk Inc | $147,413 | 0.00% | 498 | Common | SOLE |
| 81762P102 | NOW | ServiceNow Inc | $147,062 | 0.00% | 960 | Common | SOLE |
| 706327103 | PBA | Pembina Pipeline Corp | $147,016 | 0.00% | 3,851 | Common | SOLE |
| 76954A103 | RIVN | Rivian Automotive Inc | $146,524 | 0.00% | 7,434 | Common | SOLE |
| 45687V106 | IR | Ingersoll Rand Inc | $146,161 | 0.00% | 1,845 | Common | SOLE |
| 701094104 | PH | Parker-Hannifin Corp | $139,755 | 0.00% | 159 | Common | SOLE |
| 349553107 | FTS | Fortis Inc/Canada | $137,436 | 0.00% | 2,640 | Common | SOLE |
| 464287101 | OEF | iShares S&P 100 ETF | $136,845 | 0.00% | 399 | Common | SOLE |
| 743315103 | PGR | Progressive Corp/The | $134,810 | 0.00% | 592 | Common | SOLE |
| 806857108 | SLB | SLB Ltd | $124,115 | 0.00% | 3,210 | Common | SOLE |
| 464287507 | IJH | iShares Core S&P Mid-Cap ETF | $115,500 | 0.00% | 1,750 | Common | SOLE |
| 25179M103 | DVN | Devon Energy Corp | $110,879 | 0.00% | 3,027 | Common | SOLE |
| 05534B760 | BCE | BCE Inc | $100,785 | 0.00% | 4,164 | Common | SOLE |
| 758750103 | RRX | Regal Rexnord Corporation | $98,328 | 0.00% | 699 | Common | SOLE |
| 72352L106 | PINS | Pinterest Inc Class A | $85,049 | 0.00% | 3,285 | Common | SOLE |
| 125896100 | CMS | CMS Energy Corp | $83,496 | 0.00% | 1,194 | Common | SOLE |
| 268150109 | DT | Dynatrace Inc | $81,393 | 0.00% | 1,878 | Common | SOLE |
| 615111101 | ONT | Montrose Environmental Group | $75,309 | 0.00% | 3,033 | Common | SOLE |
| G54950103 | LIN | Linde PLC | $70,354 | 0.00% | 165 | Common | SOLE |
| 98978V103 | ZTS | Zoetis Inc | $68,069 | 0.00% | 541 | Common | SOLE |
| 46090E103 | QQQ | Invesco QQQ Trust Series 1 | $66,960 | 0.00% | 109 | Common | SOLE |
| 574599106 | MAS | RTS-Masco Corp | $66,633 | 0.00% | 1,050 | Common | SOLE |
| 191216100 | KO | Coca-Cola Co/The | $63,618 | 0.00% | 910 | Common | SOLE |
| 20030N101 | CMCSA | Comcast Corp | $59,660 | 0.00% | 1,241 | Common | SOLE |
| 553498106 | MSA | Msa Safety Inc | $56,690 | 0.00% | 354 | Common | SOLE |
| 921937827 | BSV | Vanguard Short-Term Bond ETF | $55,719 | 0.00% | 707 | Common | SOLE |
| 375916103 | GIL | Gildan Activewear Inc | $33,797 | 0.00% | 322 | Common | SOLE |
| 53229C107 | LSPD | Lightspeed Commerce Inc | $30,202 | 0.00% | 2,500 | Common | SOLE |
| 389637109 | GBTC | Grayscale Bitcoin Trust ETF | $29,053 | 0.00% | 425 | Common | SOLE |
| 78409V104 | SPGI | S&P Global Inc | $18,813 | 0.00% | 3 | Common | SOLE |
| 775109200 | RCI | Rogers Communications Inc | $18,181 | 0.00% | 335 | Common | SOLE |
| 351858105 | FNV | Franco-Nevada Corp | $10,378 | 0.00% | 50 | Common | SOLE |
| 00214Q104 | ARKK | ARK Innovation ETF | $9,769 | 0.00% | 127 | Common | SOLE |
| N5505D105 | MICC | Magnum Ice Cream Company | $9,605 | 0.00% | 606 | Common | SOLE |
| 683715106 | OTEX | Open Text Corp | $8,479 | 0.00% | 260 | Common | SOLE |
| 032095101 | APH | Amphenol Corp | $6,093 | 0.00% | 45 | Common | SOLE |
| 101137107 | BSX | Boston Scientific Corp | $5,721 | 0.00% | 60 | Common | SOLE |
| N07059210 | ASML | Asml Holding NV | $5,349 | 0.00% | 5 | Common | SOLE |
| 011532108 | AGI | Alamos Gold Inc | $4,833 | 0.00% | 125 | Common | SOLE |
| 22788C105 | CRWD | Crowdstrike Holdings Inc CL A | $4,688 | 0.00% | 10 | Common | SOLE |
| 369604301 | GE | General Electric Co | $4,626 | 0.00% | 15 | Common | SOLE |
| 06849F108 | B | Barrick Mining Corp | $4,580 | 0.00% | 105 | Common | SOLE |
| 559222401 | MGA | Magna International Inc | $4,270 | 0.00% | 80 | Common | SOLE |
| 113004105 | BAM | Brookfield Asset Management Lt | $4,196 | 0.00% | 80 | Common | SOLE |
| 26884L109 | EQT | EQT Corp | $4,020 | 0.00% | 75 | Common | SOLE |
| 09260D107 | BX | Blackstone Inc | $3,853 | 0.00% | 25 | Common | SOLE |
| 87971M103 | TU | TELUS Corp | $3,524 | 0.00% | 261 | Common | SOLE |
| 389930207 | BTC | Grayscale Bitcoin Mini Trust E | $3,292 | 0.00% | 85 | Common | SOLE |
| 46120E602 | ISRG | Intuitive Surgical Inc | $2,832 | 0.00% | 5 | Common | SOLE |
| 75513E101 | RTX | RTX Corp | $2,751 | 0.00% | 15 | Common | SOLE |
| 670100205 | NVO | Novo Nordisk A/S | $2,544 | 0.00% | 50 | Common | SOLE |
| 95082P105 | WCC | WESCO International Inc | $2,446 | 0.00% | 10 | Common | SOLE |
| 15135U109 | CVE | Cenovus Energy Inc | $2,372 | 0.00% | 140 | Common | SOLE |
| 525327102 | LDOS | Leidos HLDGS Inc | $1,804 | 0.00% | 10 | Common | SOLE |
| 60800C208 | DCFEUR | Orion Digital Corp | $775 | 0.00% | 713 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.